Apollo Commercial Real Estate Finance Inc expected to post earnings of 31 cents a share - Earnings Preview

Apollo Commercial Real Estate Finance

03/08/2024 03:02

* Apollo Commercial Real Estate Finance Inc  ARI.N   ARI  is
expected to show a fall in quarterly revenue when it reports 
results on August 6 for the period ending June 30 2024
    * The New York City-based  company is expected to report a
36.4% decrease in revenue to $58.65 million from $92.16 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Apollo Commercial Real
Estate
Finance Inc is for earnings of 31 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 6
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Apollo
Commercial
Real Estate Finance Inc is $10.00​, below​ its last closing
price of $10.43. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.31        0.30       0.35      Beat    15.1
 Dec. 31 2024  0.34        0.34       0.37      Beat    6.3
 Jan. 1 0001   0.34        0.35       0.37      Beat    5.7​
 Mar. 31 2023  0.39        0.38       -0.11     Missed  -128.8
 ​​Mar.        0.43        0.41       0.48      Beat    
 31 2023                                                
 Dec. 31 2022  0.33        0.35       0.31      Missed  -10.4​
 Sep. 30 2022  0.34        0.35       0.37      Beat    6.5
 Jun. 30 2022  0.31        0.32       0.35      Beat    7.8
 This summary was machine generated August 3 at 02:01 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)